Volkswagen India to reduce car prices by up to Rs 3.27 lakh, buyers to get full GST benefit

India’s goods and services tax (GST) system has undergone a major rationalisation, collapsing four tax slabs into just two principal rates (5% and 18%), supplemented by a 40% slab for high–end consumer goods, including larger and luxury vehicles.

from Auto-Industry-Economic Times https://ift.tt/WSzYe1j